Tag: infrastructure expansion
Posted in Startups
Blinkit: Blinkit unit economics hit in July-September on back of investment ramp up
October 22, 2024 Leave a Comment on Blinkit: Blinkit unit economics hit in July-September on back of investment ramp up
Zomato-owned quick commerce platform Blinkit saw its margins deteriorating sequentially during the July-September quarter as the company invested heavily on infrastructure expansion. Blinkit reported adjusted…